Here are the ways future of performance management will changes IT and services industry

The future of performance management is likely to bring significant changes to the IT and services industry. Here are some ways that these changes may manifest: 

1. Continuous feedback: Traditional annual performance reviews are likely to be replaced by more frequent and ongoing feedback. This can help employees receive feedback on their performance in real-time, enabling them to make changes and improvements on the go. This approach can also help managers to identify and address issues more quickly, leading to better performance outcomes. 

2. Emphasis on skills development: Future performance management may focus more on skills development, as the IT and services industry continues to evolve at a rapid pace. Managers will be encouraged to identify skill gaps in their teams and provide opportunities for employees to acquire new skills and knowledge. 

3. Use of data and analytics: With the increasing availability of data and analytics tools, performance management is likely to become more data-driven. This will enable companies to track employee performance more effectively and identify patterns and trends in performance data. This approach can help companies make more informed decisions about performance management and talent development. 

4. Focus on employee engagement: Future performance management will likely place a greater emphasis on employee engagement, as companies recognize the importance of keeping their employees motivated and committed to their work. Managers will be encouraged to have regular conversations with their teams to understand their career goals, preferences, and work-life balance needs. 

5. Integration with other HR systems: Performance management will become more integrated with other HR systems, such as learning and development, career management, and succession planning. This can help companies to develop a more holistic approach to talent management, enabling them to identify and nurture high-potential employees and prepare for future workforce needs 

Overall, the future of performance management in the IT and services industry is likely to be more focused on continuous feedback, skills development, data-driven decision-making, employee engagement, and integration with other HR systems. These changes can help companies to build a more engaged and skilled workforce, which is essential for success in a rapidly evolving industry.